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The Italy Automotive Parts Zinc Die Casting Market is Segmented by Production Process Type (Pressure Die Casting, Vacuum Die Casting, and Other Production Process Types), Application Type (Body Assemblies, Engine Parts, Transmission Parts, and Other Application Types).
The Italy automotive parts zinc die casting market is anticipated to register a CAGR of over 3 %, during the forecast period (2020 - 2025).
The Automotive Parts Zinc Die Casting Market is Segmented by Production Process Type (Pressure Die Casting, Vacuum Die Casting, and Other Production Process Types), Application Type (Body Assemblies, Engine Parts, Transmission Parts, and Other Application Types). Along with the major players, their strategies, innovations, technological advancements and financials are also covered in the report.
|Production Process Type|
|Pressure Die Casting|
|Vacuum Die Casting|
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Globally, countries have formulated stringent emission norms to cater to the cause of reducing global warming. Efforts are being made by governments worldwide, to minimize the negative effects of global warming and reduce the carbon footprint.
The European Union introduced the Euro VI norms in 2014, according to which, nitrogen oxide emissions must be below 0.4g/KWh and particulate emissions must be below 0.01g/KWh.
Earlier, pressure die casting was the majorly employed production process. However, the vacuum die casting process has been gaining popularity over the past couple of years, due to its better welding characteristics, higher mechanical strength, and lower gas porosity.
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Despite of a decline in demand for a couple of years in the region, owing to the factors such as the socio-political situation in the country, the Brexit deal and uncertainty over future environmental regulation, the Italy passenger vehicle market still remains important market in the European Union. The market is well diverse with several different models available for end users with different fuel types.
Die casters in Italy now focusing on sourcing for better technologies to improve and enhance the quality of the castings. Further, the country’s foundry industry is being recognized and endorsed by foreign enterprises resulting in a full swing development of foreign trade. All these factors together are expected to maintain a steady growth in the power train parts aluminum die casting market in Italy.
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The automotive parts zinc die casting market is majorly dominated by few players Dynacast, Brillcast Manufacturing LLC, Pace Industries, Sandhar Technologies Ltd, Ashok Minda Group, and Kemlows Die Casting Products Ltd, among others.
The companies are focusing on providing the best quality products to the customers, by investing in R&D projects and conducting certification programs. For instance, Sandhar Technologies Ltd objective is to be the leader in its chosen products and processes, be the trusted partner in the growth of the stakeholders, offer competitive prices to the customers through technical innovations and process standardization, have a strong R&D base to ensure high quality, provide services that enhance customer satisfaction, create benchmarks for all sets of industries, and be a socially accountable organization.
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porters Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Production Process Type
5.1.1 Pressure Die Casting
5.1.2 Vacuum Die Casting
5.2 Application Type
5.2.1 Engine Parts
5.2.2 Transmission Components
5.2.3 Body Parts
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Ashok Minda Group
6.2.2 Pace Industries
6.2.4 Brillcast Manufacturing LLC
6.2.5 Sandhar Technologies Ltd.
6.2.6 Continental Castings LLC
6.2.7 Dart Castings Inc.
6.2.8 Chamundi Die Cast Pvt. Ltd.
6.2.9 Carteret Die Casting Corporation
7. MARKET OPPORTUNITIES AND FUTURE TRENDS